Financial markets around the world are reacting to the rising risk of inflation and the prospect of policy responses by central banks, all of which have led to a modest easing in our RSM Canada Financial Conditions Index. … READ MORE >
Blog
Enhanced child tax credit was a game-changer for families, and the economy
Even as the economy slowed in the third quarter as the delta variant took hold, that slowdown would have been far worse if not for the enhanced child tax credit that was introduced on July 15. … READ MORE >
The pandemic and the vanishing American worker
A lack of prime-age workers, the exit of baby boomers during the pandemic and the willingness by many to simply walk away from a job are indicative of a structural change in the economy. … READ MORE >
Multi-family dwellings drive Canada building permit value up 8.2%
The value of building permits in Canada grew to CA$10.14 billion in September, an 8.2% increase compared to August, driven by the increasing value of multi-family residential permits, according to data released by Statistics Canada on Tuesday. … READ MORE >
RSM UK Financial Conditions Index: Holding steady
Financial conditions in the UK remain accommodative, signaling confidence that the policies of the monetary and fiscal authorities have created the framework for a sustained economic recovery. … READ MORE >
U.S. jobs report preview: Expect a gain of 475,000 in October
When the October U.S. employment report is released on Friday, a central area of focus will be on the potential return of women in their prime working years to the labor force. … READ MORE >
Manufacturing in Canada at seven-month high
Canada’s manufacturing output hit a seven-month high in October as domestic and international demand remained strong despite persistent bottlenecks in the global supply chains. … READ MORE >
Chart of the day: U.S. manufacturing remained strong in October
The Purchasing Managers’ Index inched down to 60.8 in October from 61.1 in September, but still posted the 17th straight month of expansion since April 2020. … READ MORE >
RSM US Manufacturing Outlook Index: Expansion hits headwinds
The RSM US Manufacturing Outlook Index was more than 1.2 standard deviations above normal in October, suggesting an expansionary production sector; only 18% of the months since 1968 have had higher results. … READ MORE >
iBuyers, offering convenience at a price, disrupt home sale market
A new breed of real estate technology companies is seeking to make buying and selling a home easier. They are known as iBuyers, and their goal is nothing less than to change the way people buy and sell homes. … READ MORE >